Bull Theory reports that $1.2 trillion has been wiped out from US stocks, precious metals and crypto in just four hours on November 2, 2026.

The Kobeissi Letter reports Bitcoin and ETH falling sharply with $335 million in crypto liquidations over 24 hours as tech stocks decline and Bitcoin moves back below $80,000.

Strategy sold 32 BTC for $2.47M, sparking $228B market cap loss, $1.45B BTC ETF outflows in three days and 13-day total of $4.37B.

Bitcoin falls 5% to $78240.92 after CLARITY Act Senate vote, erasing $80B market cap and $980M in liquidations amid manipulation questions.